The most valuable team members are those who understand the compliance side of Section 8 well and can help navigate that process.Property Management: Managing Section 8 tenants comes with its own challenges and benefits, especially in communication with the housing authority.

It was simple and cheap.However, it still takes time and money to set up and maintain the LLCs.

It’s relatively simple and, while it does cost money, it’s one of the more cost-effective options.

You will find tenants MANY times are not the most communicative or helpful sort.

I feel it's a bit unfair and frankly I am not going to charge the tenant anymore than what the place is worth market rate because of its location and he is a great tenant (pays on time, keeps the place clean, communicative etc) I feel like i should even give him a break because he said he couldn't even be home since there was construction all summer due to building maintenance repairs. 

When Bakerson ran into roadblocks during the development they stopped communicating with investors completely.

When Bakerson ran into roadblocks during the development they stopped communicating with investors completely.

I would also consider "private money" from friends and family for your first deal as well - maybe offer 8-10% simple interest and see if anyone would be interested.

When Bakerson ran into roadblocks during the development they stopped communicating with investors completely.

So simple find someone that does deals, make a few bux for a finders fee.